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    € 2,999,993.5
    ACP States : € 2,999,993.5
    Services : € 2,999,993.5
    Signature date(s)
    11/06/2015 : € 2,999,993.5
    Link to source

    Summary sheet

    Release date
    11 December 2014
    Signed | 11/06/2015
    Project name
    Promoter - financial intermediary
    MicroCred is sponsored by Planet Finance, a French microfinance group active in 88 countries around the world. Its mission is to provide quality financial services that are accessible and adapted to the needs of the individuals who are underserved and unserved by the financial sector, particularly the micro, small and medium entrepreneurs.
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 3 million
    EUR 32 million

    Participation in the capital increase of Microcred, a microfinance holding company incorporated in France.

    The proposed operation will support the growth and development of Microcred's network of microfinance affiliates, in particular in sub-Saharan Africa.

    Environmental aspects




    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

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